Single Mother Mira Kulkarni Built Rs 8,300 Crore Empire from Rs 2 Lakh Investment

Business
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News18•22-01-2026, 09:05
Single Mother Mira Kulkarni Built Rs 8,300 Crore Empire from Rs 2 Lakh Investment
- •Mira Kulkarni, a single mother, founded Forest Essentials in 2000 with just ₹2 lakh, transforming her love for Ayurveda into a luxury skincare brand.
- •Starting with handmade soaps and oils, her vision was to blend traditional Ayurvedic formulations with modern luxury aesthetics.
- •Forest Essentials gained international recognition, leading to a minority stake acquisition by Estée Lauder, boosting its global presence.
- •Today, the company operates over 130 stores in India, exports to 120+ countries, and is valued at ₹8,300 crore with annual revenues of ₹432 crore.
- •Kulkarni overcame skepticism as a woman entrepreneur, proving that indigenous Ayurvedic knowledge could thrive in the luxury beauty market.
Why It Matters: Mira Kulkarni's journey exemplifies resilience, turning a small investment into a multi-crore Ayurvedic luxury brand.
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